What happened: Retail sales in December rose more than expected, driven by strong online jewellery purchases, despite challenges faced by many retailers during the festive season.
Why it matters:
- Increased online jewellery sales helped boost overall retail performance in a tough trading month.
- Retailers struggling during the festive period may find new opportunities in e-commerce sectors.
MNN Take: While the retail sector faced difficulties in December, growth in online jewellery sales indicates shifting consumer behaviour towards digital shopping channels.
Sources: BBC Business